CGS-CIMB Research's picks for the sector are Public Bank, RHB Bank and AMMB.
KUALA LUMPUR: Banks will focus on targeted assistance upon the expiry of the loan moratorium in September whereby moratorium will only be offered to borrowers needing financial assistance, according to CGS-CIMB Equities Research.
It said on Friday this would help to limit the increase in banks’ gross impaired loans, while enabling banks to restore cashflow generation from the majority of the SME and consumer loans.
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